World crude steel production was 140.1 million tonnes in November 2025, down 4.6 percent on the year, the World Steel Association reported on 23 December 2025. It was the lowest monthly total of the year, down 2.3 percent from October. China, the world's largest producer, made 69.9 million tonnes, down 10.9 percent on November 2024 and 3.0 percent less than in October, as government output controls and weak construction demand bit deeper. Production in Asia and Oceania fell 7.1 percent to 99.9 million tonnes, and the European Union's 27 members produced 10.2 million tonnes, down 3.5 percent. India was a rare bright spot among the major producers, making 13.7 million tonnes, one of the strongest annual gains in the top ten, taking its January-November total to 150.1 million tonnes, up 10.3 percent. Output over the first eleven months of 2025 totalled 1,662.2 million tonnes, down 2.0 percent on the same period of 2024, putting the industry on course for a fourth consecutive annual decline. Worldsteel's chief economist said global manufacturing was impaired by elevated production costs and sustained affordability pressures on consumers.
Source: World Steel Association — https://worldsteel.org/wp-content/uploads/November-2025-crude-steel-production.pdf
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